Consultation India - Pune, Mumbai Real Estate/ Properties Investment, Property Management Services

Feb 18 2017 : The Times of India (Pune) Amit Sethi   Year 2017 is set to be the one of hope and strength for Pune's real estate sector, aver experts The year bygone would certainly be remembered as a year of reforms and plat form creation for the growth of realty sector.RERA, Benami Act amendment, interest rate cuts and demonetisation were four major takeaways from 2016 that would keep the realty market busy again in 2017. Experts opine that 2017 is set to be the one of hope and strength for Pune's real estate sector.“The year 2016 saw major developments, be it in the area of an interest rate cut by the apex bank for softer home loans, newer policies and introduction of smaller unit sizes to push sales REITs et al in the Indian real estate sector. The passage of RERA was a major step towards bringing in added efficiency and transparency in this sector. From the Benami Act to demonetisation, all policies were aimed at increasing the transpar...

Feb 18 2017 : The Times of India (Pune) Kanchan Gogate   With infrastructure status granted to affordable housing, realty industry has given a solid thumbs up to the recent Union Budget. Experts feel easing capital gains tax norms will give the sector much-needed and deserved fillip Post-the landmark demonetisation decision, the 2017 Union Budget was the most-awaited policy measure for the Indian economy. Like many sectors, realty sector, too, expected a budgetary boost and the Union Finance minister didn't let the industry down. The industry has termed this budget rather historical and has cheered two special mentions, industry status to lowcost housing and the easing of capital gains tax norms.It is pertinent to note that industry status had been one of the long-pending demands. The infrastructure status to affordable housing development has been complemented by raising the allocation to the rural housing programme by about 50 percent. Key ...

Feb 18 2017 : The Times of India (Pune)   Small amendments in the Income Tax Act spread across the Budget have ensured benefits to all stakeholders A close reading of the Union Budget 2017 tells us that, housing, especially affordable housing, was the only industry that found mention in the Union finance minister's speech. It was a pleasant surprise to find that small amendments in the Income Tax Act spread across the Budget have given benefits to all stakeholders; home buyers in urban and rural areas, investors, landowners, owners of redevelopment properties, banks, real estate funds and of course, developers.Many experts in the field believe that this is the beginning of more such incentives for this crucial sector, which is India's second highest employer and could stimulate over 140 industries once it starts growing. Following are the various benefits that the Union Budget is set to bring in trail. INDUSTRY: Infrastructure status to aff...